The capital will be used to expand its manufacturing capabilities at its facilities in Weston and Brampton, in order to meet increased demand and bring some US production to Canada.
Coke Canada Bottling plans to invest CAD 17 million ($13.3 million) into its Weston plant to install new equipment, which it says will improve the efficiency of the facility. The new equipment is set to start up in the first quarter of 2021, with full production scheduled for spring.
While some of the soft drinks are currently produced in the US, following the investment the company will move production locally, which will result in reduced C02 emissions.
Meanwhile, CAD 12.8 million ($10 million) will be invested in converting existing line manufacturing capabilities at its Brampton facility, in an effort to meet demand for more product innovation. The expansion is expected to be operational this summer and will create nine new jobs to join the current 1,300 employees at the facility.
“As Canada’s local bottler, we’re very committed to our mission to create a better future and deliver optimism for our employees, customers, consumers, and communities and investing in our manufacturing facilities is one of the ways we intend to do that,” said Todd Parsons, Coke Canada Bottling president and CEO.
He added: “As a family-owned business, we’re committed to long-term growth. These investments are critical to our mission and will help us increase our owned manufacturing capabilities in the Greater Toronto Area for many years to come.”
Coke Canada Bottling operates in every province through more than 50 sales and distribution centres and five manufacturing facilities. The company manufactures, distributes, merchandises and sells brands such as Coca-Cola, Diet Coke, Sprite and Fanta.